NV Energy is now offering a pilot program that provides a discount on electric rates for new businesses that locate in the state of Nevada. The program, created by legislation and approved by the Public Utilities Commission of Nevada, provides for a total of 50 MW of power to be allocated to new business statewide.
As part of the eligibility criteria, the company must first apply and be approved for state-offered incentives through the Governor's Office of Economic Development to be eligible for the program.
In addition, the company must meet the following requirements:
- The power demand or load must be a minimum of 300 kW
- The load factor for the operation must be a minimum of fifty percent (50%) and must be maintained at that level during the period of the contract
- A new commercial or industrial customer of NV Energy
- Not have been a customer of any electric utility in the state of Nevada within the last twelve months
Once these requirements are met, the contract with NV Energy can be developed. The details of the discount program can be found by viewing the Schedule EDRR: Economic Development Rate Rider.
For more information or if you have questions regarding this tariff, please contact us.